Founder of Theranos
Elizabeth Holmes
2004, Elizabeth Holmes did what to pursue founding Theranos?
Drop out of Stanford
Provide an example of Ethical Fading in the context of the Inventor
Employees and executives downplaying the ethical consequences of their actions, focusing only on profit
Elizabeth Holmes’ net worth after 2018
Elizabeth Holmes' main partner
Sunny Balwani
2013, Theranos partnered with this pharmacy company to start Wellness Centers
Walgreens
Provide an example of Self-Serving Bias in the context of the Inventor
Holmes and Sunny convinced themselves they were acting in the company’s best interest and any shortcomings were not their fault
Holmes was called the female version of this famous CEO, partly due to their similar turtleneck style
Steve Jobs
Lab tech whistleblower
Erika Cheung
2015, Theranos received its only ___ for a rarely even used herpes test.
FDA Approval
Provide an example of Framing in the context of the Inventor
Theranos presented its mission as saving lives, making it easier for them to justify misleading practices.
Erika Cheung being the whistleblower - praised by those outside of Theranos, hated by Theranos executives
Though it was called the Edison for other reasons, Theranos’ main technology held an uncanny similarity to this famous invention
Light Bulb
WSJ author who wrote “Bad Blood”
John Carreyrou
In 2015, thanks to Erika Cheung, Theranos was restricted from performing many lab activities due to ___.
Failing a surprise lab inspection
Provide an example of Incrementalism in the context of the Inventor
“fake it till you make it” - Theranos completely omitting the fact that they had no working product because they believed it would be unimportant in the long run (lying to investors and consumers)
On the same day that WSJ released its first inquiry into Theranos, Holmes was added to the board of this Cambridge, MA Medical School
Harvard
Brilliant researcher who killed himself under the pressure of Theranos and the Edison's failure
Ian Gibbons
Combined, this is the number of years that Holmes and Balwani were sentenced to serve in prison.
24
Provide an example of Conflict of Interest in the context of the Inventor
The name of the very small blood vial that Theranos used for its tests
Nanotainer